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5G Flying Site service by stc
22 minutes ago stc offers integrated digital services during Hajj season
Riyadh – Mubasher: Saudi Telecom Company (stc) Group provided pilgrims during this year’s Hajj season with a comprehensive suite of technical and digital infrastructure in the holy sites, according to a press release. The telecom operator aimed at …
Riyadh
5 hours ago Saudi Arabia’s macroeconomic environment in early 2026 reflects adjustment phase – Report
Riyadh – Mubasher: The Saudi market has been defined by strategic recalibration, steady structural demand drivers, and continued investor confidence during the first quarter (Q1) of 2026 despite a more complex regional economic backdrop, according …
Photo Archive
5 hours ago Region-focused fintech firm Network International fast tracks FABMISR digital payments
Cairo – Mubasher: First Abu Dhabi Bank Misr (FABMISR), one of the largest banks operating in Egypt and a subsidiary of the UAE listed FAB, recently entered into a strategic partnership agreement with leading fintech company across the Middle East …
Photo Archive
10:16 AM Saudi-, UAE-based organizations receive global recognition in facility management industry
Riyadh – Mubasher: The Middle East Facilities Management Association (MEFMA) lately celebrated the recognition of two of its strategic corporate members at the Global FM Awards of Excellence 2026, according to a press release. Red Sea Global from …
Xinghe network launch in Saudi Arabia
10:14 AM Middle East region to benefit from upgraded Xinghe network through launch in Saudi Arabia
Riyadh – Mubasher: Huawei recently launched its most advanced AI-driven Datacom portfolio, the upgraded Xinghe Intelligent Network, at Saudi Arabia IP Club 2026 in a step marking regional debut in the Middle East, according to a press release. The …
Riyadh
10:12 AM Saudi Arabia’s MICE sector seen ahead of extraordinary growth period
Riyadh – Mubasher: The Saudi MICE sector is entering a period of extraordinary growth, Danielle Curtis, Regional Portfolio Director – UAE, RX, said in a recent press release. Saudi Arabia advances its Vision 2030 economic diversification agenda, …
Saudi Telecom Company (stc)
10:10 AM stc delivers one of world’s record performances on Arafah Day
Riyadh – Mubasher: The giant Saudi Telecom Company (stc) group stated that it successfully delivered one of the world’s most demanding digital and operational performances on the Day of Arafah, which occurred on 26 May 2026. The Saudi telecom …
Al Rashid Industrial Company
27 May 01:06 PM Al Rashid Industrial to vote on 50% capital hike recommendation, GCC-based transaction
Riyadh – Mubasher: The board members of Al Rashid Industrial Company officially invited its shareholders to attend the extraordinary general meeting (EGM) on 17 June 2026 to vote on the primary agenda for the session that involves a capital …
Photo Archive
27 May 10:14 AM Fadeco boosts regional footprint by entering 2 markets
Riyadh – Mubasher: Arabian Food & Dairy Factories Company (Fadeco) announced the commencement of its product exports to Iraq and Djibouti, according to a bourse disclosure. This strategic move marks a significant step in the company’s regional …
Saudi Arabian Oil Company (Aramco)
25 May 03:16 PM Aramco transfers full ownership in PRefChem to Petronas
Riyadh – Mubasher: Saudi Arabian Oil Company (Aramco) and Petroliam Nasional Berhad (Petronas) have signed an agreement for the transfer of Aramco’s equity stakes in Pengerang Refining Company Sdn. Bhd. and Pengerang Petrochemical Company Sdn. …
Alef Education Holding and TMRW Edtech
24 May 08:55 AM AI-powered education solutions in GCC, MENA endorsed via EdTech agreement
Abu Dhabi - Mubasher: Alef Education Holding has teamed up with TMRW Edtech to benefit the GCC and MENA region by redefining the future of schooling through advanced AI-driven innovation, according to a press release. The two education innovators …
Kingspan Insulation's new manufacturing facility in Dammam
21 May 05:37 AM Kingspan Insulation supports regional growth via new manufacturing facility in Dammam
Riyadh – Mubasher: Kingspan Insulation, a division of Kingspan Group, has inaugurated a new manufacturing facility in Dammam, backing its expansion strategy in Saudi Arabia, according to a press release. The newly launched facility represents a …
Photo Archive
21 May 05:16 AM Saudi non-oil trade surplus with GCC countries hits SAR 4.4bn in February
Riyadh – Mubasher: Saudi Arabia’s non-oil trade surplus with the GCC countries hit SAR 4.47 billion in February 2026, marking a 7% year-on-year (YoY) growth, according to the data released by the General Authority for Statistics (GASTAT). Total …
Photo Archive
20 May 06:21 AM Saudi Arabia, UAE cut US Treasury holdings in March
Riyadh – Mubasher: Saudi Arabia and the UAE cut their US Treasury holdings in March by nearly $17 billion as the Iran conflict hit crude exports, their key source of dollar income. The kingdom reduced its US Treasury holdings by $10.80 billion to …
Riyadh Air
20 May 05:57 AM Riyadh Air opens ticket sales for Dreamliner London route
Riyadh - Mubasher: Saudi flag carrier Riyadh Air began the ticket sales for passengers flying between King Khalid International Airport and London Heathrow Airport aboard its new fleet of Boeing 787-9 Dreamliner aircraft starting on 1 July 2026. …
Mawani
20 May 05:51 AM Mawani boosts regional logistics integration via new Red Sea shipping route
Riyadh - Mubasher: The Saudi Ports Authority (Mawani) partnered with Folk Maritime and SABIC to launch a new Red Sea Express container shipping service to King Fahd Industrial Port, the Saudi Press Agency (SPA) reported. The new service, with a …
Hajj Ritual
19 May 09:36 PM Saudi Arabia mandates official Hajj permits for better safety, management
Riyadh – Mubasher: The Saudi Ministry of Hajj and Umrah stated it reiterated that all pilgrims must obtain their Hajj permits through officially recognized channels, according to an official statement. This procedure aims to ensure the legality …
Saudi flyadeal
19 May 12:12 PM Saudi flyadeal plans daily flights to India’s Hyderabad from 1 July
Riyadh - Mubasher: Saudi low-cost airline flyadeal has launched scheduled services to India with daily flights between Riyadh and Hyderabad beginning 1 July 2026, according to a press release. Tickets are now available on sale, bookable via …
Saudi Capital Market Authority (CMA)
19 May 12:00 PM Saudi CMA approves public offering of Al Rajhi GCC Equity Fund excluding KSA
Riyadh – Mubasher: The Capital Market Authority (CMA) of Saudi Arabia has nodded for Al Rajhi Capital, a subsidiary of Al Rajhi Bank, to proceed with the public offering of the Al Rajhi GCC Equity Fund (Excluding KSA), according to an official …
PlayReplay
19 May 11:34 AM AI-power PlayReplay secures $12m amid potential expansion into Saudi Arabia, regional markets
Mubasher: PlayReplay, an AI-powered intelligent court system for racquet sports, has raised a total of $12 million in a funding round led by Alfvén & Didrikson (A&D) alongside other investors, including Centre Court Capital, ExM Investment …
Photo Gallery
19 May 08:58 AM ADNOC Distribution, Americana Restaurants International partner to improve roadside trail across region
Mubasher: The net profits of ADNOC Distribution and Americana Restaurants International joined forces to expand dining and convenience offerings across ADNOC Distribution service station locations in the UAE, Saudi Arabia, and Egypt. Under the …
SAB Invest
19 May 07:57 AM We are supporting evolution of Saudi Arabia as global financial hub - SAB Invest CEO
Riyadh – Mubasher: SAB Invest, the investment arm of Saudi Awwal Bank (SAB), was announced as the first ETF market maker in the Kingdom, marking a new milestone in the Saudi capital market, according to a press release. The CEO of SAB Invest, Ali …
Photo Archive
18 May 05:06 PM IMF issues statement following visit to Saudi Arabia; regional capacity development discussed
Riyadh – Mubasher: The International Monetary Fund (IMF) and Saudi Arabia’s Ministry of Finance held the second High-Level Strategic Dialogue on Capacity Development and agreed to a suite of support to IMF capacity development across the Middle …
Aramco, Pasqal launch Middle East’s 1st commercial QCaaS platform
18 May 04:41 PM Aramco partners with Pasqal to launch Middle East’s 1st commercial QCaaS platform
Riyadh – Mubasher: Saudi Arabian Oil Company (Aramco) collaborated with Pasqal, a global leader in neutral-atom quantum computing, for the inauguration of the first quantum computer in Saudi Arabia. Aramco and Pasqal also unveiled the first …
Ghaia Investment, Chicago Global
18 May 03:58 PM Ghaia Investment, Chicago Global introduce Parallax in Saudi Arabia
Riyadh – Mubasher: Ghaia Investment Holding and next-generation investment management firm Chicago Global are introducing Parallax in Saudi Arabia to help institutions form, review and govern investment decisions. Parallax is developed by Chicago …